Tag archives: Finance

LEICESTER – A UK apparel retailer is raking in a seven figure sum annually by charging clothng garment manufacturers for…
Read the full story… Brands charging punitive fines for late delivery, claims supplier

YANGON – Garment workers in Myanmar are unlikely to benefit from recent minimum wage increases as factories have upped production…
Read the full story… Myanmar workers “not benefitting” from wage rise

NEW YORK – The amount of clothing retailed on Amazon increased by 27 per cent between February and September 2018.…
Read the full story… Amazon clothing listings up 27% in eight months

DHAKA – 532 factories could potentially be declared ineligible to produce for Bangladesh Accord signatory companies by 1 January 2019…
Read the full story… Bangladesh facing supply chain chaos if Accord exits this month

ZÜRICH – A new PFC-free water-repellent for leather has been established by Swiss textile technology business HeiQ and DuPont Consumer…
Read the full story… HeiQ and DuPont partner on PFC-free water-repellent

COLOMBO – Sri Lanka’s duty-free access to the European Union is under threat after the country’s president replaced the elected…
Read the full story… Sri Lanka trade benefits threatened by political turmoil

LONDON – Arcadia brands such as Topshop and Miss Selfridge “face huge challenges” in the months ahead if the results…
Read the full story… Sir Philip Green headlines dent Topshop popularity

BERLIN – Fair Wear Foundation and the German Partnership for Sustainable Textiles (‘Textilbündnis’) have agreed to collaborate to promote the…
Read the full story… Fair Wear Foundation and ‘Textilbündnis’ press for living wages

LONDON – Apparel brands are hammering suppliers on price harder than ever, according to new data. Many suppliers answering the…
Read the full story… Latest data shows suppliers being hammered on price